5 Best Prefered Stocks To Buy For 2016

5 Best Prefered Stocks To Buy For 2016: Enphase Energy Inc (ENPH)

Enphase Energy, Inc. (Enphase), incorporated in March 20, 2006, designs, develops and sells microinverter systems for the solar photovoltaic industry. The Company sells its microinverter systems primarily to distributors who resell them to solar installers. It also sells directly to installers, as well as through original equipment manufacturers (OEMs). The Companys microinverter system consists of three components: Enphase microinverter, Envoy communications gateway and Enlighten Web-based software.

Enphase Microinverter

The Companys Enphase microinverter delivers power conversion at the individual solar module level by introducing a digital architecture that incorporates custom application specific integrated circuits (ASICs) power electronics devices and an embedded software subsystem. A residential solar installation consists of 5 to 50 microinverters; a small commercial solar installation consists of 50 to 500 microinverters, and mediu m or larger commercial solar installation consists of 500 to 10,000 microinverters, or more.

Envoy Communications Gateway

The Companys Envoy communications gateway is installed in the system owners home or business and serves as a networking hub that collects data from the microinverter array and sends the information to its hosted data center. One Envoy is typically sold with each solar installation and can support up to 500 Enphase microinverters.

Enlighten Software

The Companys Enlighten Web-based software collects and analyzes this information to enable system owners to monitor and realize the performance of their solar photovoltaics (PV) system and also provides an online portal designed for installers to enable them to track and manage all of their Enphase enabled projects and monitor and analyze the performance of their installed systems.

The Company competes with SMA Solar Technology AG,! Fron ius International GmbH, Power-One, Inc., SunPower Corp.

Advisors' Opinion:

• [By Zacks]

  Other stocks from the sector worth considering are Enphase Energy, Inc. (NASDAQ: ENPH), First Solar, Inc. (NASDAQ: FSLR) and Trina Solar Limited (NYSE: TSL).  All these stocks currently carry a Zacks Rank #2 (Buy). 

• [By Seth Jayson]

  There's no foolproof way to know the future for Enphase Energy (Nasdaq: ENPH  ) or any other company. However, certain clues may help you see potential stumbles before they happen -- and before your stock craters as a result.

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/5-best-prefered-stocks-to-buy-for-2016.html